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Fully Leased Medical Office Building

3880 Coconut Creek Pkwy, Coconut Creek, FL 33066

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For Sale

$3,600,000

10,644 SF medical office building with long-term NNN tenants.

Type:Office

Property size:

10,644 SF

Price / SF:

$338/SF

HighLights

100% occupied nnn leased medical building: provides stable in‑place cash flow.
Prime central broward county location: offers easy access and proximity to the turnpike.
Below market rents: presents future upside potential.
Strong annual rent increases: ensures consistent growth in income.
High visibility on hard corner with prominent monument signage.
Ample on‑site parking: ensures excellent accessibility for patients.

We can help!

Listing Contact

Jaime Sturgis

Learn more

For Sale

$3,600,000

10,644 SF medical office building with long-term NNN tenants.

Type:Office

Property size:

10,644 SF

Price / SF:

$338/SF

Added:: Apr 1, 2026
Days on Market:: 69
Last Refresh:: Apr 1 at 11:47 am

Property Features for 3880 Coconut Creek Pkwy

General Information

Standard status: Active
Size: 10,644 SF
Property subtype: Office

We can help!

Listing Contact

Jaime Sturgis

Listing agent Jaime Sturgis License #3246270

Listing office Native Realty

Listing date Apr 1, 2026

Source Nativerealty

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Native Realty

HighLights

100% occupied nnn leased medical building: provides stable in‑place cash flow.
Prime central broward county location: offers easy access and proximity to the turnpike.
Below market rents: presents future upside potential.
Strong annual rent increases: ensures consistent growth in income.
High visibility on hard corner with prominent monument signage.
Ample on‑site parking: ensures excellent accessibility for patients.

Overview

This 10,644 SF medical office building is fully leased to six long-term tenants on NNN leases. The property is located in central Broward County, with accessibility to the Turnpike. As one of the only medical plazas in the immediate area, tenants benefit from a strong suburban and aging patient base. Ample on-site parking ensures accessibility for patients. The building is positioned on a hard corner with monument signage, offering visibility to over 26,000 vehicles per day. The location provides branding potential for current and future tenants. The property benefits from stable in-place cash flow with below-market rents, offering future upside. Strong annual rent increases are in place. The surrounding trade area is growing, with a dense suburban population.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$485.4k	$45.60
− Vacancy	−$109.2k	−$10.26
EGI	$376.2k	$35.34
− OpEx	−$94.0k	−$8.84
NOI	$282.1k	$26.51

10,644 SF · lease $45.60/SF/yr · vacancy 22.50% · expense 25.00%

Alternative Uses

Best Use

Office B

$4.03M

$3.53M – $4.70M (±1% cap)

NOI $282,119 @ 7.0% cap · market cap 7.84%

Second Best

Healthcare Medical

$2.00M

$1.75M – $2.34M (±1% cap)

NOI $140,245 @ 7.0% cap · market cap 3.90%

Theoretical Best

Office A

$5.40M

$4.73M – $6.30M (±1% cap)

NOI $378,011 @ 7.0% cap · market cap 10.50%

Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Current Use by Public Records

Medical Office Space

Suggested Use

Similar Places Nearby

Saratoga Vet Products — 1911 Banks Rd, Margate, FL 33063
Lyons Road Animal Hospital — 1467 Lyons Rd, Coconut Creek, FL 33063
Lyons Road Animal Hospital: Melgey Christopher DVM — 1467 lyons rd, coconut creek, fl 33063

Location Insight

Map
Local Demand

City: Coconut Creek
County: Broward
State: Florida
Longitude: -80.1759597
Latitude: 26.2445656

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Leased Medical Office Investment

100% leased medical office property with future upside.

3880 Coconut Creek Pkwy, Coconut Creek, FL 33066

View Details

For sale
Medical Office Space
FL
Coconut Creek
33066
3880 Coconut Creek Pkwy

What type of property is this?

Medical Office Space - 10,644 SF medical office building with long-term NNN tenants.

Where is this medical office space located?

The property is located at 3880 Coconut Creek Pkwy Coconut Creek, FL.

What is the asking price?

The asking price for this property is $3,600,000.

What are key features of this property?

This property features: 100% occupied nnn leased medical building: provides stable in‑place cash flow.; Prime central broward county location: offers easy access and proximity to the turnpike.; Below market rents: presents future upside potential.